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Lockheed Martin plans to move jobs to suburban Syracuse plant in business-unit consolidation
SALINA, N.Y. — Lockheed Martin Corp. (NYSE: LMT) announced it plans to shift jobs to its plant in Salina as part of a consolidation in
Lockheed Martin’s suburban Syracuse plant awarded $10M Navy contract modification
SALI NA — Lockheed Martin Corp.’s (NYSE: LMT) plant in the town of Salina has been awarded a $10 million contract modification for the design, prototyping, and qualification testing for the AN/BLQ-10 Electronic Warfare System Technology Insertion (TI)-20 and TI-22 for the U.S. Navy. Work will be performed in the Salina facility and is expected
Northrop Grumman to pay quarterly dividend in mid-March
The board of directors of Northrop Grumman Corp. (NYSE: NOC) recently declared a quarterly dividend of $1.45 per share on the company’s common stock. The Falls Church, Virginia–based defense contractor, which has a facility in Rome, will pay the dividend on March 17. Shareholders of record as of the close of business on March 1
Microdrones secures agreement with Vietnam distributor
Microdrones, a Germany–based firm with an office at Griffiss International Airport in Rome, says it has a distributor agreement for its drone-surveying equipment with a
New York manufacturing index jumps in February
Hits highest level since last July An increase in new orders and prices paid for goods helped boost a monthly gauge of New York state’s manufacturing sector. The Empire State Manufacturing Survey general business-conditions index rose 9 points in February to 12.1, its highest level since July of last year. The result also easily beat economists’ expectations
Square Deal Machining acquires a nearby company to expand business operations
MARATHON, N.Y. — Two companies with operations in Marathon in southern Cortland County are now working together. Square Deal Machining Inc. (SDMI) — a metal fabrication and machining company based in Marathon — acquired Kurtz Truck Equipment, a truck equipment and fabrication company, also of Marathon. SDMI says the deal allows it to expand its
Raymond rolls out new automated tow tractor
GREENE, N.Y. — The Raymond Corporation, a Chenango County–based manufacturer of forklift trucks and other material-handling products, has recently introduced a new automated tow tractor. The Raymond Courier 3220 Automated Tow Tractor uses vision-guided technology and can tow up to 15,000 pounds. The new tow tractor is the latest addition to Raymond’s line of automated
Square Deal Machining acquires another Cortland County company
MARATHON, N.Y. — Square Deal Machining Inc. (SDMI) — a metal fabrication and machining company based in Marathon — announced it has acquired Kurtz Truck
Seneca Foods operating income nearly triples in latest quarter
MARION — Seneca Foods Corp. (NASDAQ: SENEA, SENEB) — a Wayne County–based provider of packaged fruits and vegetables, with facilities across the U.S., including Geneva — reported operating income of $90.6 million in its latest quarter ending Dec. 26. That was up almost three-fold from $33.1 million in the year-ago quarter. Seneca Foods also reported
Syracuse-area businesses deploy HealthWay-donated air purifiers
SYRACUSE — HealthWay of Pulaski on Feb. 3 announced it donated Intellipure air-purification systems to 18 Syracuse businesses or organizations, including several restaurants. The air purifiers will help to improve air quality in these indoor spaces and “promote cleaner air,” CenterState CEO said in a news release. The donation “represents an effort to connect local
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